3624 Bay Road
Milford, DE, 19963 $ 749,900
Baths0.0 Monthly Estimate*
$ 4,735
Studio for $749,900. The lot size is 1.85.
DEVELOPERS, BUILDERS & INVESTORS a rare commercial development opportunity directly adjacent to the Route 1 corridor and DE Turf Sports Complex. Offered together are six contiguous vacant parcels totaling approximately 1.85 acres at 3624 Bay Road, providing exceptional visibility and positioning in one of Kent Countys most active travel and recreation corridors. All six parcels were rezoned in 2025 to BG General Business, significantly expanding the propertys development potential. The parcels may be combined into a single development site, creating flexibility for a variety of commercial or investment concepts. Kent Countys General Business zoning allows for a broad range of uses, making this an excellent opportunity for a developer looking to capitalize on both Route 1 traffic and the steady flow of visitors traveling to DE Turf. Potential uses include a restaurant or bar, commercial lodging/hotel, retail center, professional or medical offices, gas station/convenience store, mixed-use development, mini-storage, automotive sales/service, sports medicine facility, commercial recreation, or multifamily apartments, among numerous other possibilities, subject to the applicable County review and approval requirements. A concept plan has already been prepared for an 18-unit apartment-style development, offering a starting point for an investor interested in housing or potentially developing the units for transient/short-term lodging to serve families, teams and visitors traveling to the nearby DE Turf Sports Complex, subject to Kent County approval and classification of the intended use. With 1.85 acres, six contiguous parcels, General Business zoning, immediate proximity to DE Turf and Route 1, and multiple potential income-producing development strategies, this is the type of site that offers developers the ability to pursue the highest and best use rather than being limited to a single concept. Whether the vision is hospitality, food and beverage, retail, multifamily, mixed-use or another commercial project, the location and zoning create a compelling opportunity in the growing Milford/Frederica corridor. Concept plan and additional property information available upon request. Buyer and buyers engineer should independently verify zoning, permitted uses, parcel consolidation, utilities, access, site-plan requirements and all governmental approvals necessary for buyers intended use.
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FeaturesGeneralSewer Public Sewer
Utilities Electric Available Natural Gas Available Sewer Available
Possession 0-30 Days CD
Zoning BG
School District MILFORD
Property Subtype Land
Tax Year 2025
Current Use Vacant
Ownership Fee Simple
Additional Parcels Description 5-00-15200-01-0401 5-00-15200-01-0402 5-00-15200-01-0500 5-00-15200-01-0404 5-00-15200-01-0400 and 5-00-15200-01-0700.
County KENT
Property Type Land
HOA N
Possible Use Apartment Building Apartments Automotive Bar/Tavern/Lounge Beer/Wine/Liquor Car Wash Church Commercial Development Flex Space Food Market Hotel/Motel Land/Lot Only Laundromat Mini-Storage Multi-Famil
Water Access Y/N N
Status ACTIVE
Directions See GPS
City MILFORD
Disclosures Agent has Financial Interest
MLS Area Milford (30805)
Lot Size Units Square Feet
Lot Size Square Feet 80586.00
Tax Annual Amount 279.0
Price Per Sq Ft Total AG 9.31
Acceptable Financing Cash Conventional
Additional Parcels Y/N Y
Lease Considered Y/N Y
Vacation Rental Y/N N
Standard Status Active
Tax Lot 0400-000
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ExteriorWater Source Well Permit Not Applied For
Inclusions 6 lots sold together: 5-00-15200-01-0401 5-00-15200-01-0402 5-00-15200-01-0500 5-00-15200-01-0404 5-00-15200-01-0400 and 5-00-15200-01-0700.
Water View Y/N N
Lot Size Acres 1.85
Lot Size Source Estimated
Waterfront Y/N N
Number of Lots 6
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByIron Valley Real Estate PremierBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,735
- Monthly Property Taxes
- $23
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Milford, DE
Average List Price $1,793,723
Percent of Sale Price 139%
About Milford, DE 20,476 Population
36% Since 2002
$ 55,326 Median Income
42.11 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
2315210 Elementary School
2315212 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/14/2026 | $749,900 | | Listed Price |